2721 E 19th Street Panama City, FL 32405
Mobile home park in Panama City, near Tyndall Air Force Base.
- Added:
- Feb 7, 2026
- Days on Market:
- 155
- Last Refresh:
- May 10 at 9:50 pm
Property Features for 2721 E 19th Street
General Information
- Standard status
- Active
- Size
- 3,192 SF
- Lot size
- 0.28 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2023
Listing office NORTHWEST FLORIDA REALTY, LLC (850) 740-1069
Listing date Feb 7, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of NORTHWEST FLORIDA REALTY, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Turnkey Mobile Home Park in Panama City
- All three homes are like new (2023)
- Streamlined for income production
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.6k | $24.00 |
| − Vacancy | −$12.3k | −$3.86 |
| EGI | $64.3k | $20.14 |
| − OpEx | −$28.9k | −$9.06 |
| NOI | $35.4k | $11.07 |
